May 25, 2013 4:11 PM ET

Commercial Banks

Company Overview of Santander Holdings USA, Inc.

Company Overview

Santander Holdings USA, Inc. operates as the holding company for Sovereign Bank, National Association that provides various banking services primarily in the northeastern United States. Its Retail Banking segment offers deposit instruments, including demand and interest bearing demand deposit accounts, money market and savings accounts, certificates of deposits, and retirement savings products; and consumer loans, such as home equity loans and line of credits. This segment also provides business banking and small business loans to individuals. The company’s Specialized Business segment offers indirect automobile, aviation, and continuing care retirement communities financing. Its Corporate B...

Detailed Description

75 State Street

Boston, MA 02109

United States

Founded in 1984

7,920 Employees

Phone:

212-297-1385

www.sovereignbank.com

Key Executives for Santander Holdings USA, Inc.

Chief Executive Officer
Age: 47
Chief Financial Officer
Age: 41
Market Chief Executive Officer of Southern New England Region
Chairman of New York City Regional Division
Age: 64
Chief Compliance & Internal Controls Officer
Age: 50
Compensation as of Fiscal Year 2012.

Santander Holdings USA, Inc. Key Developments

Santander Holdings USA, Inc. Declares Quarterly Dividend on Series C Non-Cumulative Perpetual Preferred Stock, Payable on May 15, 2013

Santander Holdings USA, Inc. announced that its Board of Directors declared a dividend on Preferred Stock. A dividend payment of $0.45625 per depositary share is payable on May 15, 2013 to holders of record on May 1, 2013 for the company's Series C Non-Cumulative Perpetual Preferred Stock.

Santander Holdings USA, Inc. Announces Executive Appointments

On March 18, 2013, the Board of Directors of Santander Holdings USA, Inc. appointed Juan Carlos Alvarez as Chief Financial Officer, Treasurer and Executive Vice President, and Guillermo Sabater as Comptroller and Senior Executive Vice President.

Santander Holdings USA, Inc. Declares Dividend on Preferred Stock Payable on February 15, 2013

Santander Holdings USA, Inc. announced that its Board of Directors declared a dividend on SHUSA's Preferred Stock. A dividend payment of $0.45625 per depositary share is payable on February 15, 2013 to holders of record on February 1, 2013 for the SHUSA's Series C Non-Cumulative Perpetual Preferred Stock.

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